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The latest announcement is out from Nihon Kohden Corporation ( (JP:6849) ).
Nihon Kohden Corporation announced its decision to acquire up to 3,800,000 of its own shares, representing 2.33% of its total issued shares, to improve capital efficiency and return profits to shareholders. This strategic move, involving a total acquisition cost of up to 5 billion yen, will be executed through ToSTNeT-3 and market purchases on the Tokyo Stock Exchange, potentially impacting the company’s stock value and shareholder returns.
The most recent analyst rating on (JP:6849) stock is a Hold with a Yen1679.00 price target. To see the full list of analyst forecasts on Nihon Kohden Corporation stock, see the JP:6849 Stock Forecast page.
More about Nihon Kohden Corporation
Nihon Kohden Corporation is a company listed on the Prime Market of the Tokyo Stock Exchange, headquartered in Tokyo. It is involved in the medical equipment industry, focusing on the development and production of products such as patient monitoring systems, defibrillators, and other medical devices.
Average Trading Volume: 631,564
Technical Sentiment Signal: Sell
Current Market Cap: Yen259.9B
See more data about 6849 stock on TipRanks’ Stock Analysis page.